Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) Sees Significant Growth in Short Interest

Key Points

• Short interest in Grupo Aval Acciones y Valores S.A. increased by 26.2% in August, with a total of 173,700 shares shorted as of August 31st.
• The company's stock is currently trading at $3.23, slightly down 0.6%, with a market capitalization of $3.84 billion and a P/E ratio of 10.43.
• Grupo Aval recently announced a monthly dividend of $0.0115 per share, reflecting an annualized yield of 4.3% with a payout ratio of 35.48%.

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL - Get Free Report) was the target of a large increase in short interest in August. As of August 31st, there was short interest totaling 173,700 shares, an increase of 26.2% from the August 15th total of 137,600 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 98,500 shares, the days-to-cover ratio is presently 1.8 days. Based on an average trading volume of 98,500 shares, the days-to-cover ratio is presently 1.8 days. Approximately 0.0% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Inspire Investing LLC boosted its position in shares of Grupo Aval Acciones y Valores by 37.4% during the 1st quarter. Inspire Investing LLC now owns 20,129 shares of the bank's stock valued at $55,000 after acquiring an additional 5,484 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. increased its holdings in shares of Grupo Aval Acciones y Valores by 69.0% during the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 21,049 shares of the bank's stock valued at $59,000 after purchasing an additional 8,594 shares during the period. Sage Advisors LLC acquired a new stake in Grupo Aval Acciones y Valores during the 1st quarter worth about $30,000. EverSource Wealth Advisors LLC acquired a new position in shares of Grupo Aval Acciones y Valores in the second quarter valued at $34,000. Finally, Vise Technologies Inc. bought a new position in Grupo Aval Acciones y Valores in the second quarter valued at about $56,000. 0.21% of the stock is currently owned by institutional investors.

Grupo Aval Acciones y Valores Stock Down 1.6%

Shares of AVAL traded down $0.05 during midday trading on Friday, hitting $3.18. The stock had a trading volume of 75,469 shares, compared to its average volume of 39,712. The company has a debt-to-equity ratio of 0.72, a current ratio of 0.99 and a quick ratio of 0.99. Grupo Aval Acciones y Valores has a twelve month low of $1.96 and a twelve month high of $3.49. The company has a 50 day simple moving average of $3.13 and a two-hundred day simple moving average of $2.89. The firm has a market cap of $3.77 billion, a price-to-earnings ratio of 10.25 and a beta of 0.81.

Grupo Aval Acciones y Valores Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, March 9th. Investors of record on Friday, February 27th will be given a dividend of $0.0115 per share. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date is Friday, February 27th. Grupo Aval Acciones y Valores's payout ratio is 32.26%.

Grupo Aval Acciones y Valores Company Profile

Grupo Aval Acciones y Valores SA provides a range of financial services and products to public and private sector customers in Colombia and Central America. It offers traditional deposit services and products, including checking accounts, savings accounts, time deposits, and other deposits. The company also provides commercial loans comprising general purpose loans, working capital loans, leases, loans funded by development banks, corporate credit cards, and overdraft loans; consumer loans, such as payroll loans, personal loans, automobile and other vehicle loans, credit cards, overdrafts, leases, and general purpose loans; and microcredit and mortgage loans.